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Uloga managementa prilikom implementacije IFRS 17

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Presentation on theme: "Uloga managementa prilikom implementacije IFRS 17"— Presentation transcript:

1 Uloga managementa prilikom implementacije IFRS 17
Hrvoje Filipović, EY Hrvatska Uloga managementa prilikom implementacije IFRS 17

2 Odluke vezane uz podatke, sustave i procese
Uloga managementa - IFRS 17 - Operarativna uloga Strateška uloga Komunikacijska uloga Odluke vezane uz podatke, sustave i procese KPI prilagodba Proizvodi IFRS 17 izvještavanje Bilanca i P&L

3 Odluke vezane uz podatke, sustave i procese
Definiranje potrebnih podaci Uloga managementa - IFRS 17 - Operarativna uloga Strateška uloga Komunikacijska uloga Odluke vezane uz podatke, sustave i procese KPI prilagodba Proizvodi IFRS 17 izvještavanje Bilanca i P&L Prilagodba IT sustava Prilagodba procesa Record-to-Report (“R2R”) Plan-to-Perform (“P2P”) Pricing Štete …

4 Operarativna uloga Strateška uloga Komunikacijska uloga
Modeli Tranzicija Uloga managementa - IFRS 17 - Operarativna uloga Strateška uloga Komunikacijska uloga Odluke vezane uz podatke, sustave i procese KPI prilagodba Proizvodi IFRS 17 izvještavanje Bilanca i P&L Onerous contracts Granularnost OCI opcije Diskontiranje Prudentnost Bilanca: P&L CSM Unwinding of B/S items Komunikacija – kako komunicirati IFRS 17 financijske učinke investitorima (valuation at inception – učinak na equity ili CSM) Loss Component OCI Risk Adjustment Initial estimate / Prudence Discounting

5 Odluke vezane uz podatke, sustave i procese
„10 od 11 najvećih osiguratelja u Europi koristi KPI metriku temeljenu na prihodima” godina - Uloga managementa - IFRS 17 - Operarativna uloga Strateška uloga Komunikacijska uloga Odluke vezane uz podatke, sustave i procese KPI prilagodba Proizvodi IFRS 17 izvještavanje Bilanca i P&L IFRS 4 Volumen Profit RoE IFRS 17 Uprava Prodaja Dividenda

6 Ilustrativni primjer Pretpostavke Premija (jednokratno) 50.000
Stvarni povrat 10% Sudjelovanje u dobiti Očekivani povrat 5% Smrtnost 1% Osigurateljna komponenta 20% Stvarni povrat nakon prve godine Actual at end of Year 1 Year 1 Year 2 Year 3 Fund b/f 53 955,0 55 819,1 Premium 50 000,0 Investment returns 5 000,0 2 697,8 2 791,0 Shareholder share (500,0) (269,8) (279,1) Death claims UL (545,0) (563,8) (583,3) Maturity value (57 747,7) Fund c/f - Death claims nonUL (109,0) (112,8) (116,7) U CSM samo nonUL death claims only as investment component is disagregated Revenue calculation a end of Year 1 CU Expected claims 109,0 Expected maintenance expenses - Release of risk adjustment Release of CSM 229,3 Allocation of acquisition expenses Insurance revenue 338,3

7 Statement of comprehensive income Profit and loss account
Ilustrativni primjer IFRS 17 IFRS 4 Statement of comprehensive income CU Profit and loss account Insurance revenue 338,3 Net earned premiums 50 000 Insurance service expense (109) Insurance claims and benefits (net) (654) Insurance service result 229,3 Movement in deferred acquisition costs - Investment income 5 000 Interest, dividend and other investment income Insurance finance income and expenses (5 000) Change in provisions (53 955) Net financial result Other income, expenses Other income, expenses, taxes (ignored for simplicity) Taxes (ignored for simplicity) Profit after tax Net result for the period 391 Other comprehensive income Total other comprehensive income Total comprehensive income

8 Hvala na pažnji! Operarativna uloga Strateška uloga
managementa - IFRS 17 - Operarativna uloga Strateška uloga Komunikacijska uloga Podaci Sustavi Procesi KPI prilagodba Proizvodi IFRS 17 izvještavanje Bilanca P&L

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